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German Steel Federation Calls for Urgent Measures from New Government
The German Steel Federation (WV Stahl) has made a strong appeal to the new German government, urging immediate action to support domestic steel production. Germany, in fact, holds the record as the largest steel producer in Europe and the seventh largest in the world....
10-Year Agreement between Outokumpu and Greenland Resources for the Supply of Molybdenum
On February 24, stainless steel producer Outokumpu announced a 10-year supply agreement with Canadian mining company Greenland Resources. This agreement aims to ensure a stable supply of molybdenum, a key raw material for the production of specialty stainless steel....
Canada Metals Processing Group: An Ongoing Crisis Due to U.S. Tariff Threats
The Canada Metals Processing Group (MPG Canada) announced Feb. 24 a series of drastic measures in response to threats of duties imposed by the United States on Canadian steel imports. The company, which brings together three major steel producers-Ivaco Rolling Mills,...
China’s Control over the Copper Smelting Industry in 2024
During 2024, China stepped up efforts to control the expansion of its copper smelters, whose rapid growth was causing profit margins to shrink despite a booming market. To address this situation, the Chinese government has introduced new and stricter regulations for...